Search
By Gaurav Menon
The spread of COVID-19 around the world and in the U.S. has impacted public entities and healthcare providers, creating uncertainties around continuity of operations and the cost to overcome the myriad challenges associated with the crisis. Considering this unprecedented event, the federal government provided at least $2 trillion to date in financial stimuli and emergency grants to assist both the public and private sectors, through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
We know that the federal government has activated Federal Emergency Management Agency (FEMA) to assist with the response, and Department of Housing and Urban Development (HUD) has published guidance on the use of Community Development Block Grant (CDBG) funds to support eligible infectious disease responses. From experience working extensively with these funding sources, certain best practices lie at the core of federal regulations and guide the eligibility of funding in disaster/emergency situations. This document aims to outline the leading practices that entities should immediately consider following in their expenditures pertaining to the crisis at hand. Key areas to focus on are:
Gaurav Menon, Partner and Segment Leader
Kajal Patel, Partner
Chris O'Brien, Partner and Segment Leader
Complexity demands a trusted guide with the unique expertise and cross-sector versatility to deliver unwavering success. We work with organizations across regulated commercial and public sectors to catalyze transformation and pioneer new directions for the future.